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wjbuckner
Nov 20, 2018 7:11 PM

AMZN - Long Trade Long

Amazon.com, Inc.NASDAQ

Description

AMZN Hit a major pivot/support level on the daily chart. Missed the buy level this morning, however, I am going long with March $1,700.00 calls right here. I have a conservative target of $1,600.00 I may only take half off here with a mental breakeven, AMZN could move closer to $1,675-$1,700 that's where I will look to take 2nd half off. If you look at the chart I posted you can see the pivot/support area tagged this morning. Good Luck!!!

Trade closed: target reached

With the Gap above 1st target I held full position past target 1. Im getting out here, just to secure profit before the G20.
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